tag:blogger.com,1999:blog-8765583526602187625.post6439520123644255064..comments2023-09-04T07:24:36.293-05:00Comments on Taking Belize: Opening an International Bank AccountAnonymoushttp://www.blogger.com/profile/01073209329118063335noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8765583526602187625.post-58180977659322163432011-12-28T10:18:34.700-06:002011-12-28T10:18:34.700-06:00Thanks so much Sharon for the additional informati...Thanks so much Sharon for the additional information. It is always greatly appreciated. We will be on the QRP so that is why we were able to get an IBC.Taking Belizehttp://www.takingbelize.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-8765583526602187625.post-75333205708358595982011-12-28T10:08:33.487-06:002011-12-28T10:08:33.487-06:00Hey Debra! I just wanted to mention that IBC's...Hey Debra! I just wanted to mention that IBC's are only an option for those who won't be obtaining their Permanent Residency status. So if you plan on staying in Belize on a Tourist Visa or in the QRP program, you can have one. Otherwise, you cannot.<br /><br />Also, one other weird thing they do with IBC credit cards is they make you deposit an amount equal to your credit limit. And with debit cards, there is a conversion fee involved, so you're better off getting a local bank account and converting some of your money to Belize dollars and using that debit card instead. Also, you can't use IBC debit cards for online puchases.<br /><br />The banking rules in Belize are extensive - can get kind of confusing. Glad it was so easy for you to get your IBC opened though.<br /><br />Sharon Hiebing<br />Relocate Without Rose-Colored GlassesSharon Hiebing, Wealth Ships' Expat Relocation Consultanthttps://www.blogger.com/profile/01686373746550895205noreply@blogger.com